Luxury hotel operator Fairmont Hotels & Resorts and Mota-Engil Tourismo announced the development of a new 250-room luxury hotel and additional private residences along the Riviera Nayarit in Mexico.
The Fairmont Costa Canuva is slated to open in late 2018 and will reside within the new master-planned seaside community, “Costa Canuva,” on the Riviera Nayarit. The Costa Canuva development is set along miles of pristine beach, just north of Punta Mita and approximately 40 miles north of Puerto Vallarta International Airport.
Costa Canuva, with more than 4.3 miles of shoreline and 630 acres of beach, estuary and mountains, will offer five hotels, including the Fairmont, and will be ideal for all types of travelers. It will also present residential ownership opportunities within the beachfront village with 2,500 residential units, including some designed by the renowned Artigas Arquitectos firm.
“We are delighted to be at the forefront of establishing the new Costa Canuva community in this thriving and beautiful region,” said Kevin Frid, president, Americas for Fairmont’s parent company, FRHI Hotels & Resorts. “From the Riviera Maya to the Riviera Nayarit, we are positioning Fairmont to deliver our unique brand of luxury and genuine hospitality at Mexico’s most sought-after destinations.”
Fairmont Costa Canuva will join its sister property, Fairmont Mayakoba located in the Riviera Maya region, and expand Fairmont’s growing portfolio of highly sought after luxury vacation resorts around the world. The Fairmont Costa Canuva will also feature Fairmont-branded residences for those who wish to make their stay in Mexico more permanent. As primary dwellings or getaway retreats, these whole and fractional ownership homes can be enjoyed all year long and will become a legacy for generations to come.
The development of the Costa Canuva village represents a $1.8 billion USD investment in the region’s economy and is expected to create 6,000 direct jobs and 18,000 thousand indirect jobs locally. The project is being spearheaded by Portugal’s Mota-Engil, one of the largest construction and infrastructure management companies in Europe and the only Portuguese company in the World’s Top 100 Construction Companies, according to Engineering News-Record.
“We are thrilled that Fairmont has joined us in this exciting journey to share the paradise of Costa Canuva with the rest of the world,” said Rafael Lang, CEO of Mota-Engil Tourism. “Our goal is to create a true community, integrating our beachfront village with residential neighborhoods, golf course and lagoons. Not only do we look forward to welcoming international visitors to this wonderful region, but we are excited to create new opportunities for domestic tourists and the local people of the Riviera Nayarit.”
Fairmont Costa Canuva will feature 250 guestrooms and suites, including 40 Fairmont Gold rooms and Fairmont branded residences. It will also boast more than 22,000 square feet of meeting and event space, six restaurants and bars, an expansive outdoor swimming pool and a spectacular Willow Stream Spa encompassing nearly 13,000 square feet. A center for children and young adults, providing creative and active activities, will appeal to holidaying families.
As well as attracting luxury travelers and adventurous sun-seekers, the Fairmont Costa Canuva will benefit from its close proximity to the Sanctuary Convention Center, making it an ideal venue for corporate groups, conferences and social events.